This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
News
TWC Singapore launches Glenfarclas Pagoda Reserve Series
The Whisky Corporation in Singapore has released details of its Glenfarclas Pagoda Reserve Series, with just 10 sets available to Asian whisky collectors.
Glenfarclas Pagoda Reserve Trilogy
Each vintage is aged 43, 48 and 59 years and is part of only 100 sets released worldwide.
The Whisky Corp was established eight years ago in Hong Kong and specialized in professional single malt investment. It has recently opened another office in Singapore which is headed up Ben Morley, former senior portfolio director of the Hong Kong office who works with a panel of whisky specialists, including Keeper of the Quaich, Stephen Notman to guide Singapore clients.
“Whisky investment is becoming more and more popular as people look to diversify, said Morley. “Not only is it an excellent hedge against inflation, it also outperforms traditional and many alternative investments.
“Fine wine has traditionally been the drink of choice when it comes to investing. However, we saw the demise of that market long ago and it was mainly due to the massive amounts of stock being laid down each year. Lafite or Mouton Rothschild may produce 100,000 cases or so each year with most being bought up by investors, whisky on the other hand is extremely limited, with a rare vintage typically only having a few hundred bottles and in some cases even less.
“In a sense, the shortage is by design, age labelled single malt has always been a limited commodity. Distillers produce a set amount in a given year without knowing what demand will be 12, 18 or 24 years later, this is invariably compounded as the years go by.”
Demand for single malts has rocketed in recent years as global exports jumped 159% between 2004 and 2014, with China being one of the main drivers who look for “vertigo-inducing price tags.”
“The owners of some bottles have seen some quite unbelievable returns,” continued Morley. “A 62 year old Dalmore that sold for US$51,000 seven years was bought last year by a Chinese businessman for US$195,000 – an increase of 282%!
Investors looking to register their interest in reserving the Glenfarclas Pagoda Reserve Triology can do so here.